Who’s writing the checks? UNLV short on funds to honor coach’s contract
UNLV athletic director Erick Harper said last week that his department only has the funds to pay for the first two years of football coach Dan Mullen’s five-year contract.
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From Reddit:
UNLV athletic director Erick Harper informed the Board of Regents that the athletic department, which is $26 million to $31 million in debt, can only fund the first two years of football coach Dan Mullen’s five-year, $17.5 million contract. To cover the remaining three years, Harper hopes to raise money through donations and increased football revenue.
UNLV has seen a boost in football interest, selling 970 more season tickets for 2025 and increasing ticket prices, generating $2.5 million in revenue so far. However, regents expressed skepticism about relying on fan-generated revenue long-term. The school may also receive $19 million to $24.8 million from the Mountain West due to conference changes, though this is tied to ongoing litigation.
The department projects spending over $24 million annually on athletics personnel through 2029. Meanwhile, men’s basketball coach Kevin Kruger’s job is uncertain, but firing him before June would require a costly $2.35 million buyout. UNLV is also receiving $3 million from Purdue in installments as part of former football coach Barry Odom’s contract buyout.
